Putin Urges International Community To Avoid Limiting Global Trade

Russian President Vladimir Putin on Monday said the international community should avoid building artificial limitations to global trade in order to make modern economy effective and socially responsible.

Putin spoke at a news briefing for the upcoming St. Petersburg International Economic Forum (SPIEF).

“A 21st-century economy that is effective, built on forward-thinking business models, and socially responsible, and one that adheres to strict environmental standards and takes account of people’s real needs is something that is in our interest.

“If we are to meet these challenges, it is important that we do not allow artificial limitations to curb multilateral trade, finance, manufacturing, or investment.

“We need to correct the imbalances that exist in global markets,’’ Putin said.